LONDON–(BUSINESS WIRE)–Technavio has announced the leading manufacturers in their recent fabricated metal market in Romania 2016-2020 report. This report covers the present scenario and the growth prospects of the fabricated metal product market in Romania until 2020.
The fabricated metal product market in Romania will grow steadily at a CAGR of more than 2% during the forecast period. “The country’s accession to the EU in 2007 has led to many developmental and rehabilitation activities in Romania’s key towns and counties. With substantial support from the EU and IMF structural funds, the GDP growth in Romania is likely to increase, which will create more employment opportunities. A consequent increase in per capita income will propel the demand for housing, commercial, and industrial development. This will lead to an increased demand for fabricated metal products in the country,” says Chandrakumar Badala Jaganathan, a lead analyst at Technavio for metals and minerals research.
Manufacturer landscape
The fabricated metal product market in Romania is fragmented with the presence of more than 5,800 manufacturers. Both multinational as well as regional and indigenous manufacturers dominate the market. Multinationals focus primarily on large-scale construction projects, whereas indigenous players focus more on small-scale construction projects. Since indigenous players are cost-effective, SMEs, and smaller construction companies and contractors prefer to procure fabricated metal products from these manufacturers. Several regional manufacturers are providing stiff competition by enhancing customer relationships. Manufacturers compete on the basis of price, innovation, quality, and performance.
Key manufacturers are more focused on the development and introduction of energy-efficient fabrication techniques. These manufacturers have increased their R&D expenditure. However, larger MNCs with sound financial backing are the major innovators. SMEs in Romania lack adequate financial resources to carry out R&D activities on a high scale.
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Key manufacturers:
Some of the key manufacturers in the fabricated metal products market in Romania are:
| Company | Description | |
| Allstar Prod | Manufacturer of fabricated metal products such as armatures, valves, and bulldozer rollers. | |
| Can Pack Romania | A leading player in the metal packaging industry, the manufacturer is based in Poland. It manufactures metal cans and packaging for foods, beverages, and chemicals. | |
| Canam Group | A leading manufacturer of steel fabricated products globally. | |
| Dioma International | A manufacturer of structural steel for the construction industry. | |
| Doladela | A manufacturer of fabricated metal products for the industrial and civil construction sectors. | |
| Impress Buftea (Ardagh Group) | A manufacturer that specializes in metal and glass packaging. | |
| Isopan | Isopan, based in Italy is a supplier of fasteners, finishing and rainwater collection sheets, translucid chequered or corrugated elements, window portholes, fixed and motorised skylights, fabricated metal products such as roofing and walls, and fireproof and sound absorbent panels. | |
| Lindab | A manufacturer of metal building products, ventilation, and metal buildings, based in Switzerland. | |
| Metal Frame Buildings | A manufacturer of metal structures. | |
| Metalicplas Impex | A manufacturer of wire products, welded and braided nets, fence panels, and nails. | |
| Nimet | A manufacturer of hard chrome plated steel bars and tubes, nickel and chrome plated bars and tubes, linear shafts, and customized precision shafts. | |
| Plastsistem | A manufacturer of galvanized sheets, assembly accessories, and reinforcements for PVC profiles. | |
| Quatron Steel | A steel fabricator based in Vietnam with operational presence in Romania. | |
| Stelco Metalworking & Steel Fabrication | A manufacturer of steel structures such as machine frames, chassis, trailers, custom-made equipment, special containers, and industrial racks and platforms. | |
| Vilmar | A manufacturer of pressure vessels, machine fittings, forged metal components, the company also provides services such as heat treatment. |
Source: Technavio
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